economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Las Vegas Casino Revenue Drops Almost 40 Pct In July
Las Vegas Casino Revenue Drops Almost 40 Pct In July
August 26, 2020  |  Economy

As a sign that Las Vegas is grappling with bringing customers back, casino revenue on the Strip plunged nearly 40 percent to just over $330...

READ MORE >
11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
August 26, 2020  |  Economy

Americans made virtual trips to car showrooms in July as new orders for manufactured durable goods, products lasting three years or more, increased by 11.2...

READ MORE >
World Economic Forum Pushes Davos Summit To Next Summer
World Economic Forum Pushes Davos Summit To Next Summer
August 26, 2020  |  Economy

The COVID-19 crisis has derailed plans to hold the World Economic Forum’s Davos event in January 2021. The organization announced on Wednesday (Aug. 26) that the...

READ MORE >
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

READ MORE >
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

READ MORE >
Experts: Restaurant Industry Could See Another Round Of Bankruptcies
Experts: Restaurant Industry Could See Another Round Of Bankruptcies
August 25, 2020  |  Economy

As the approaching colder months are set to make outdoor dining less feasible, and government money dries up, experts are predicting another cycle of restaurant...

READ MORE >
Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
August 25, 2020  |  Retail

New York Gov. Andrew Cuomo has announced that New York Fashion Week will go forward this September, with a drastic reduction in spectators as events are moved outside. Get...

READ MORE >
Consumer Confidence Drops Again In August
Consumer Confidence Drops Again In August
August 25, 2020  |  Economy

The Conference Board’s Consumer Confidence Index declined for the second month in a row, dropping from 91.7 in July to a current reading at 84.8,...

READ MORE >
Gig Apps Work It On Latest PYMNTS Provider Ranking
Gig Apps Work It On Latest PYMNTS Provider Ranking
August 25, 2020  |  Mobile Applications

Unemployment has always been a leading economic indicator, and by many accounts, the economy is in for a couple of years of recessionary behavior. Thank...

READ MORE >